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do you get from the idea when we look at the environment today and our politicians don't seem to be serious about spending, they seem to think that the public is more concerned with screwing the rich than hitting up programs. are they right? >> people felt that way but myself is that obama, the carry interest rate that allows hedge fund people taxed at capital gains rate, obama defended that. that is one of the big things. that is warren buffett and rich friends. this is disingenuous but the country should be rising up. >> neil: they are not rising up. >> i think this is because it's going to explode. somebody is going to say, my grandchildren and children, this is moral issue being kicked down the road. these people will not deal with it and the republican handling of this was let me just put it this way, just about as stupid as i have ever seen in my lifetime. only matched by what they did the year before. >> neil: well put. happy new year. >> did any of you the streamliner. another nightmare. all safe. but why are so many plain scared? ♪ [ male announcer ] the distances aren't getting
do you get from the idea when we look at the environment today and our politicians don't seem to be serious about spending, they seem to think that the public is more concerned with screwing the rich than hitting up programs. are they right? >> people felt that way but myself is that obama, the carry interest rate that allows hedge fund people taxed at capital gains rate, obama defended that. that is one of the big things. that is warren buffett and rich friends. this is disingenuous but...
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Jan 10, 2013
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. >> so the key, susie, is we're in an environment where stocks continue to climb walls of worry, and the economy continues to muddle through, not similar to last year. last year the economy some days okay, some days not so okay, and the stock market kept climbing that wall of worry. last year stocks were up 16%, s&p 500, and we only need about half that to achieve a new all-time high. i think we'll get there. >> susie: bob, how do markets go higher when the individual investor is out of the picture, so fearful of investing in stocks. do we see the return of the individual this year? >> i wish i could say we're going to see that, susie. but the individuals who own a lot of bonds first need to see bonds going down in price to be willing to sell them to buy stocks. i think we hit a new all-time high without much participation by the individual. it is the corporation itself that has the big burially since the become oof 09. >> susie: you believe the emerging markets are going to do better than the u.s. so should investors focus outside the u.s.? >> i think so, susie. both in terms of whe
. >> so the key, susie, is we're in an environment where stocks continue to climb walls of worry, and the economy continues to muddle through, not similar to last year. last year the economy some days okay, some days not so okay, and the stock market kept climbing that wall of worry. last year stocks were up 16%, s&p 500, and we only need about half that to achieve a new all-time high. i think we'll get there. >> susie: bob, how do markets go higher when the individual investor...
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. >> so the key, susie is we're in an environment where stocks continue to climb walls of worry, and the economy continues to muddle through, not similar to last year. last year the economy some days okay some days not so okay, and the stock market kept climbing that wall of worry. last year stocks were up 16%, s&p 500, and we only need about half that to achieve a new all-time high. i think we'll get there. >> susie: bob how do markets go higher when the individual investor is out of the picture so fearful of investing in stocks. do we see the return of the individual this year? >> i wish i could say we're going to see that susie. but the individuals who own a lot of bonds first need to see bonds going down in price to be willing to sell them to buy stocks. i think we hit a new all-time high without much participation by the individual. it is the corporation itself that has the big burially since the become ofof 09. >> susie: you believe the emerging markets are going to do better than the u.s. so should investors focus outside the u.s.? >> i think so susie. both in terms of where t
. >> so the key, susie is we're in an environment where stocks continue to climb walls of worry, and the economy continues to muddle through, not similar to last year. last year the economy some days okay some days not so okay, and the stock market kept climbing that wall of worry. last year stocks were up 16%, s&p 500, and we only need about half that to achieve a new all-time high. i think we'll get there. >> susie: bob how do markets go higher when the individual investor is...
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sort of the new normal, if you will, in a lot of these companies given the fact that the regulatory environment is getting worse and globalization is not necessarily on their side where it was so many years ago? is this going to be the new normal? well, i don't think so. here's the question. will the politicians get it right? will we go over the cliff, another debt ceiling and if we don't we could have a very robust capital markets this year, an that's what encourages me for the big money centers. for the smaller guys starved for loan growth and margin pressures they will be buyers. the really small guys will be the sellers and you'll see a lot of m & a opportunity out here. >> jason this morning you raised estimates on three banks. you lowered estimates on nine banks. tell me what was behind that. you're expecting the quarter to be what, more negative than positive for the sector overall? how do you see it? >> fine tuning here and there with overall estimate. i think generally for the earnings for the quarter. we think about half our banks will beat expectations. half miss. if you think during
sort of the new normal, if you will, in a lot of these companies given the fact that the regulatory environment is getting worse and globalization is not necessarily on their side where it was so many years ago? is this going to be the new normal? well, i don't think so. here's the question. will the politicians get it right? will we go over the cliff, another debt ceiling and if we don't we could have a very robust capital markets this year, an that's what encourages me for the big money...
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the market knows we're in a slow growth environment. we're not going to get strong gdp, and it's not willing to assign much of a pe to these earnings. that's going to be a continuation, but next year i think investor confidence is going to improve a little. it's really lagged in this rally, so i think we're just going to be able to inch it up enough to where we have a decent year in the market and modest earnings growth. >> david, jump in here. your top stocks picks for 2012 outper formeded in the market by 6%. nice going there. >> thank you. >> looking ahead, what are your picks in 2013 and what's the maybe influence on this market, the, the dysfunction in washington, the global economy? what's the real catalyst for stocks? >> sure, to the second question first, the catalyst for stocks will be valuation most important and lower interest rates and continued accommodative fed policy i think is ultimately proof positive for stocks, not just this year but over the next couple of years versus alternative investments. and in that type of bac
the market knows we're in a slow growth environment. we're not going to get strong gdp, and it's not willing to assign much of a pe to these earnings. that's going to be a continuation, but next year i think investor confidence is going to improve a little. it's really lagged in this rally, so i think we're just going to be able to inch it up enough to where we have a decent year in the market and modest earnings growth. >> david, jump in here. your top stocks picks for 2012 outper...
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we will talk individual stocks, as well as the macro investing environment in just a minute. but, becky has your morning headlines. >> we do. in fact, president obama is going to be nominating current chief of staff jack lew to replace tim geithner as treasury secretary. lew served as omb director under president clinton, and then again under president obama he also worked as a managing director at citigroup. he's going to be taking the lead negotiations with lawmakers who are confronting america's debt crisis, and try to avert harsh spending cuts that are set to kick in on the first of march. but as we just heard we'll see if that actually happens or not. the president's going to be making the nomination official today at 1:30 p.m. we do have some breaking news just out from ford. >> doubling its dividends. stocks up a little bit. doesn't take much to go up 1% when you have $13 stock. but it was a 20 cent per year dividend. it's now going to be 40 cents per year. the yield was just under 1.5% so this will push it up to a 3% yield so ford doubling its dividend. payable on mar
we will talk individual stocks, as well as the macro investing environment in just a minute. but, becky has your morning headlines. >> we do. in fact, president obama is going to be nominating current chief of staff jack lew to replace tim geithner as treasury secretary. lew served as omb director under president clinton, and then again under president obama he also worked as a managing director at citigroup. he's going to be taking the lead negotiations with lawmakers who are confronting...
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the environment is different this time, and i'm actually pleased to tell you that the speaker of the assembly, john perez, and others have engaged in a bipartisan approach to fixing this and there's bipartisan support for pushing through a law that would fix the problem. and essentially, what it will do is this. instead of referring to rape by fraud, only if the perp is impersonating the spouse, it will be, if the perpetrator is impersonating an intimate partner, which more accurately flects common and modern-day relationships. >> so, wait, you said it died in the senate because it would have increased the budget. is that in part part of increasing the prison population? >> that's correct, exactly right. as you know, california recently underwent a shift in criminal justice policy, where we realigned state responsibilities for low-level offenders to the counties, because a three-judge court panel decided that we rightly had decided that we had an overcrowding problem in california state prisons, and we needed to relieve the population there. but what happened in the legislature, over
the environment is different this time, and i'm actually pleased to tell you that the speaker of the assembly, john perez, and others have engaged in a bipartisan approach to fixing this and there's bipartisan support for pushing through a law that would fix the problem. and essentially, what it will do is this. instead of referring to rape by fraud, only if the perp is impersonating the spouse, it will be, if the perpetrator is impersonating an intimate partner, which more accurately flects...
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that wins in your environment. >> absolutely. anything housing related wins. >> yeah. >> cover the world. jim, thanks. >> our guest host this morning is byron. his final surprise for 2013. you don't want to miss it when we return. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high
that wins in your environment. >> absolutely. anything housing related wins. >> yeah. >> cover the world. jim, thanks. >> our guest host this morning is byron. his final surprise for 2013. you don't want to miss it when we return. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive,...
SFGTV: San Francisco Government Television
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Jan 14, 2013
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but i think what staff needs to do now in preparing an addendum to the report at the department of environment dig into what happening right now under local power preparing for the local installation of clean power sf, the build out, because that is developing rapidly, and it's showing some interesting things as in the case of virtual metering this plan would go a step further and create shares and anyone that is a member of clean power sf even if they live in an apartment can buy shares to the program and receive economic benefit and part ownership of it no matter where the solar panels are and another thing to point out is the latest iteration for the build out includes using express hetch hetchy power as you noted in your report. >> >> and currently sold outside of san francisco to bring the rates down with clean power sf so they can be brought into parity with what pg&e is charging right now, and then a further iteration just recently came out in our last meeting on the build out work is that local power has recommended not only doing that, but also to -- has configured a way to keep those
but i think what staff needs to do now in preparing an addendum to the report at the department of environment dig into what happening right now under local power preparing for the local installation of clean power sf, the build out, because that is developing rapidly, and it's showing some interesting things as in the case of virtual metering this plan would go a step further and create shares and anyone that is a member of clean power sf even if they live in an apartment can buy shares to the...
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it will focus on the low interest rate environment and we'll see a pop in these commodities again. is that your play? >> gold is special. i think, don't think of gold as a commodity. think of it as a currency. i think that is what the world's fourth or fifth currency, it will gain more popularity. everyone wants to deflate their currency. other commodities we need a stronger economy. could be second half play. could be somewhere out next year. i'm, i'm the equity strategist. i don't claim to be an expert on this. there is value there. we'll start with oil. i think gold is different. other commodities will come along later on. ashley: scott is the race to debase across the world really and it has been going on for some time. gold has not really responded in the rate you think it would. what do you, what is your thought on gold and where it goes from here? >> we're in really not that interested in gold right now. ashley: no? >> i think it's going to pretty much flat line from here and it's just something that moves in the rest of the year along with any political moves. same way we'r
it will focus on the low interest rate environment and we'll see a pop in these commodities again. is that your play? >> gold is special. i think, don't think of gold as a commodity. think of it as a currency. i think that is what the world's fourth or fifth currency, it will gain more popularity. everyone wants to deflate their currency. other commodities we need a stronger economy. could be second half play. could be somewhere out next year. i'm, i'm the equity strategist. i don't claim...
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. >> we've lived in this environment for the last 18 months, one big disaster after another. everyone is waiting for the policy response, comes at the 11th hour and 59th minute. this is a pattern everyone has gotten used to but the fiscal cliff and the debt ceiling are the last big tail risks we think of the tail risks that we have to worry about, saw we would say once we get past that over the next several months we think it will lift a little bit of a cloud and investors will take risks. >> good to see you. >> good to see you. >> thanks so much for joining us. >> bob, thanks to you as well. ten minutes to go before we close it up. the dow jones industrial average holding on to a gain of 50 points. >> well, this herbalife soap opera is continuing. herb greenberg is coming up. all over the big move in the stock. take a look. up 3.25% right now. we'll show you what's behind it. >> and can you believe the iphone was only introduced five years ago? it is true. five years ago today, in fact, so here's a trivia question for you. the iphone alone is worth more money than what whole
. >> we've lived in this environment for the last 18 months, one big disaster after another. everyone is waiting for the policy response, comes at the 11th hour and 59th minute. this is a pattern everyone has gotten used to but the fiscal cliff and the debt ceiling are the last big tail risks we think of the tail risks that we have to worry about, saw we would say once we get past that over the next several months we think it will lift a little bit of a cloud and investors will take...
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the establishment like nuclear energy is a so-called alternative is potentially catastrophic to the environment and is only in place to perpetuate a profit structure set by the establishment itself of course every energy source has an impact even the so-called clean ones in the grand scheme of things the impact of clean energy sources on the environment is minimal when compared to the potentially disastrous effects of coal oil drilling and nuclear waste so let's go over just a few of them starting with solar and wind which are probably the most common a single hour of sunlight at high noon contains more energy than the entire world consumes in a whole year and when it comes to wind a single one megawatt wind turbine operated only half capacity has the potential to meet the needs of about five hundred households per year and there are even more alternatives in this there's tidal wave and geothermal energy which could have norma's capacity and would do away with so much of the harmful pollution that plagues our environment from burning and drilling according to a two thousand and six mit study ge
the establishment like nuclear energy is a so-called alternative is potentially catastrophic to the environment and is only in place to perpetuate a profit structure set by the establishment itself of course every energy source has an impact even the so-called clean ones in the grand scheme of things the impact of clean energy sources on the environment is minimal when compared to the potentially disastrous effects of coal oil drilling and nuclear waste so let's go over just a few of them...
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the low interest rate environment, the weak dollar environment will come back and boost these battles. silver has lost even more momentum. start to look at these battles. after the debt talks are over, he thinks that everyone will go back. connell: listening to you very closely today. you got the alabama game right last night. didn't you pick alabama? sandra: i did. connell: sandra smith. thank you. dagen: and then you have a quarterback who dated a girl who went to auburn. it is a little past quarter past the hour. nicole: we are seeing at&t as one of the big laggards. at&t told more than 7 million smart phones in the fourth quarter. this is a record for them. obviously copying the prior numbers that we have seen. these telecom type companies are coming under pressure. here is a look at the broader market averages. the dow jones industrials down about 80 points right now. back to you. dagen: thank you. connell: we will talk to bret baier coming up. dagen: alabama's big moment in the spotlight. oh, the people came running on twitter. connell: joining us from vegas is nick cannon. a lo
the low interest rate environment, the weak dollar environment will come back and boost these battles. silver has lost even more momentum. start to look at these battles. after the debt talks are over, he thinks that everyone will go back. connell: listening to you very closely today. you got the alabama game right last night. didn't you pick alabama? sandra: i did. connell: sandra smith. thank you. dagen: and then you have a quarterback who dated a girl who went to auburn. it is a little past...
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is slow and steady the right strategy for an uncertain political environment? that's our question. our "what's working" series continues with arrow investment chairman john rogers. the current chairman of president obama's advisory council on financial capability, and we are twliled to have you here this morning, john. >> great to be back. >> so what is working in this environment? or what do you think is going to be working in 2013? >> well, i think that the housing rate of stocks are going to continue to do very well. warren buffett's talked about the fact of how important the recovery in the housing market is for the overall economy. jobs get creative because of it. and i think that momentum is going to continue into 2013. >> okay so let's go through a couple names. names of companies that you really like. in the housing worlds. >> we've had a lot of success from carpet manufacturers like mohawk and inner face. we also own first american financial which is one of our best performers last year. and we're looking for any of the companies that have any ties to housing markets. we t
is slow and steady the right strategy for an uncertain political environment? that's our question. our "what's working" series continues with arrow investment chairman john rogers. the current chairman of president obama's advisory council on financial capability, and we are twliled to have you here this morning, john. >> great to be back. >> so what is working in this environment? or what do you think is going to be working in 2013? >> well, i think that the housing...
SFGTV: San Francisco Government Television
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roughly the same and get to the 100% and buying them like the county of marin has done so i encourage environment staff to dig deep into what local power is working with the local puc and there is one caution i would like to raise and that is when local power came forward some of the environmentalists in the room we were a little bit -- even though what they're doing is great and will compete with pg&e's 100% green option we need not to focus so much on purchasing. i think what we should do is change the 100% 2020 goal to locally produced energy from facilities beyond that date. >> thank you. next speaker please. >> hello commissioners. my name is paul congressmanus and part of. >> >> bon hundred% solar. there is a way to get to one heard% -- 100% and ignored in this country by the media so you might not have heard of it. it's a solar payment policy. it requires pg&e to pay 54 cents kilowatt hour to homeowners that put panels on their roo. i know a hundred people in this town that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply
roughly the same and get to the 100% and buying them like the county of marin has done so i encourage environment staff to dig deep into what local power is working with the local puc and there is one caution i would like to raise and that is when local power came forward some of the environmentalists in the room we were a little bit -- even though what they're doing is great and will compete with pg&e's 100% green option we need not to focus so much on purchasing. i think what we should do...
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investment environment is not the cure although the state has been trying a lot still be to have reports of investors who have difficulties with the red tape and also changing attitude of the government you know about investors especially chinese investors who have left the country and frustration the biggest problem i think for us the worst that's all over western sanctions this very easy actually it's almost impossible not to while it and essentially if north korea because almost anything is dual use the procedures will be checking whether you are not while lifting sanctions or very complicated very costly and there's also a great deal of unknown to insecurity about what the actual rules are and my freshman is that this is keeping away best and. now escaping oppressive taxes austerity and finger wagging government movie stars you're not supposed to celebrates his new citizenship well others of his countrymen look at least as well more on that in just a few minutes or not say. a nation of three critique asian three. more charges free. range month free. free. to tide free. download free
investment environment is not the cure although the state has been trying a lot still be to have reports of investors who have difficulties with the red tape and also changing attitude of the government you know about investors especially chinese investors who have left the country and frustration the biggest problem i think for us the worst that's all over western sanctions this very easy actually it's almost impossible not to while it and essentially if north korea because almost anything is...
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receiver busters it is the reluctance of western investors to actually go to north korea a lot less the environment is not pure although the state has been trying a lot still to do have reports of us those who have difficulties with. and also changing attitude of the government. specially chinese investors who have left the country for storage. the biggest problem i think all of us the list goes all over the us on sanctions this is easy actually it's almost impossible not to while you're section if you deal with north korea because almost anything is dual use the procedures will be checking whether you are not while lifting sanctions or very complicated because. there's also a great deal of unknowing of insecurity about what the actual rules are and my freshman is that this is keeping away the best and best those approach of the big ones escaping oppressive taxes and a finger wagging government movie star celebrates his new citizenship while others of his countrymen looking for a possible escape from more on whether heading coming out. a nation of three cretaceous three years for charges free. rang
receiver busters it is the reluctance of western investors to actually go to north korea a lot less the environment is not pure although the state has been trying a lot still to do have reports of us those who have difficulties with. and also changing attitude of the government. specially chinese investors who have left the country for storage. the biggest problem i think all of us the list goes all over the us on sanctions this is easy actually it's almost impossible not to while you're...
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it's been in a recession type environment for a while. and the only grimace of hope is that the chinese economy has been showing signs of growth and the japanese are earmarking trying to get their growth profile. it's a race to the bottom. last year, there was a lot of risk that people thought we were going to have and didn't happen and then this year, thought there would be a massive allocation out of equities. i think that shows the first quarter is not going to be a one shot off the the risk markets. >> george, thanks for joining us this morning. we appreciate that. and now let's just remind you what else is still to come. two of the biggest names in hedge funds are locking horns over herbalife. we'll tell you what you need to know, coming up. with hotwire's low prices, we can afford to take an extra trip this year. first boston... then san francisco. hotwire checks the competitions' rates every day so they can guarantee their low prices. so our hotels were half price. ♪ h-o-t-w-i-r-e... ♪ hotwire.com ♪ [ male announcer ] some da
it's been in a recession type environment for a while. and the only grimace of hope is that the chinese economy has been showing signs of growth and the japanese are earmarking trying to get their growth profile. it's a race to the bottom. last year, there was a lot of risk that people thought we were going to have and didn't happen and then this year, thought there would be a massive allocation out of equities. i think that shows the first quarter is not going to be a one shot off the the risk...
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are you looking at a competitive environment in the new year? >> we'll see. i don't know if it's more competitive. the settlement that took place really has more to do with servicing. i think that, you know, we've seen consolidation, and usually competition comes from having more players in the marketplace. i don't know that it's more competitive and help the consumer from that perspective, as we see, but a lot of this depends. there's the americay landscape that gets clearer here in the next few months. lori: don't have time, but interest rates, near the lows? >> great question. i think so, but pick up a little bit. lori: all right, we'll take it. thank you, appreciate you coming in today. >> my pleasure, thanks. melissa: they are called dark pools, institutions that trade large bonds outside public exchanges, and now regulator want to shine a brighter light on them. adam is breaking the story. what do you have now? >> that's right. this is out of the "wall street journal" report in which richard, the chief executive at fenra said in 2013 that they are inten
are you looking at a competitive environment in the new year? >> we'll see. i don't know if it's more competitive. the settlement that took place really has more to do with servicing. i think that, you know, we've seen consolidation, and usually competition comes from having more players in the marketplace. i don't know that it's more competitive and help the consumer from that perspective, as we see, but a lot of this depends. there's the americay landscape that gets clearer here in the...
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when it comes to the macro environment central bank policy and economic risks and their actual impact on stocks or any asset class the results don't always make sense or follow logic don't we all wish in those situations we had.
when it comes to the macro environment central bank policy and economic risks and their actual impact on stocks or any asset class the results don't always make sense or follow logic don't we all wish in those situations we had.
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what will that do to whether they have to calm the environment? that's what people are talking about on the periphery of europe at the moment and question of real money to return, real money. long-term money will return back to the peripheral bond markets. spain the going to try to raise 121 billion euros of debt this year. who will buy it? at the real level. you can liberalize, for example, the greek taxi system. who will set up a taxi firm in athens in the present system? returning the big question of whether the nasties in the banking system which still remain in europe could blow up massive parts of the system undercapitalized and sony kapoor believes that the banking union is a total farce because the ecb may be supervising but the safety net money only applied for losses in the future but not sitting on at the moment, carl. tomorrow morning ecb. >> we'll see. you see draghi got person of the year. >> he hold the markets together in 2012. there is absolutely no question about it. >> buying a lot of time. we'll see you later. thanks. >>> the f
what will that do to whether they have to calm the environment? that's what people are talking about on the periphery of europe at the moment and question of real money to return, real money. long-term money will return back to the peripheral bond markets. spain the going to try to raise 121 billion euros of debt this year. who will buy it? at the real level. you can liberalize, for example, the greek taxi system. who will set up a taxi firm in athens in the present system? returning the big...
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. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage the reputation of the church? >> pretty badly. the head of the german central committee of catholics said that he viewed the damage is very grave indeed, and, certainly, criticism is coming from the very highest levels. as you mentioned, the german justice minister has spoken out today. she said that the whole incident calls into question the church's real willingness to get to the bottom of the abuse scandal, and she went to bat for the academic who was supposed to have carried out this study. perhaps the church is therefore now making an effort to silence him. it has said that it will be seeking a legal injuncti
. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage...
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. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage the reputation of the church? >> pretty badly. the head of the german central committee of catholics said that he viewed the damage is very grave indeed, and, certainly, criticism is coming from the very highest levels. as you mentioned, the german justice minister has spoken out today. she said that the whole incident calls into question the church's real willingness to get to the bottom of the abuse scandal, and she went to bat for the academic who was supposed to have carried out this study. perhaps the church is therefore now making an effort to silence him. it has said that it will be seeking a legal injuncti
. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage...
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. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage the reputation of the church? >> pretty badly. the head of the german central committee of catholics said that he viewed the damage is very grave indeed, and, certainly, criticism is coming from the very highest levels. as you mentioned, the german justice minister has spoken out today. she said that the whole incident calls into question the church's real willingness to get to the bottom of the abuse scandal, and she went to bat for the academic who was supposed to have carried out this study. perhaps the church is therefore now making an effort to silence him. it has said that it will be seeking a legal injuncti
. >> it should include an analysis of perpetrator strategies in a church environment, and detail how the church has dealt with cases of abuse when they became known as well as the action it took. >> the church says it will now find a new institutes to complete the study. thomas, one time altar boy and abuse victim, intends to watch them closely. >> for more on this now, we are joined by our political correspondent. this decision to stop the steady -- how badly has it damage...
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the same as urban environment. there is a big difference between the presence of an element or a chemical and its impact. both you and i could go out to a bar, have a shot of vodka each, measure it on us but the impact we're not drunk. so there's the difference. melissa: i have to say though, i spent a lot of time at oil installations all around the world, saudi deserts to south america, whatever, i have been up to the oil sands and that black does gets all over everything. it follows you whereve you go. you see trails of it into every restaurant, into every, i mean it really flies through the air and is everywhere. i couldn't help thinking when i was there, that i'm breathing this in. that it just, i mean it was different from other ways that we are harvesting petroleum, and you know, just from an observer's point of view it felt more dangerous. >> the visuals on all hydrocarbons, all fuel, coal is not really pretty, oil is not pretty. melissa: but this flies through the air everywhere. it really travels. >> the g
the same as urban environment. there is a big difference between the presence of an element or a chemical and its impact. both you and i could go out to a bar, have a shot of vodka each, measure it on us but the impact we're not drunk. so there's the difference. melissa: i have to say though, i spent a lot of time at oil installations all around the world, saudi deserts to south america, whatever, i have been up to the oil sands and that black does gets all over everything. it follows you...
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their own selves when you go into combat you know what you kill people and what you spent a year and an environment you are not seeing first team kenny came back severely wounded from a tour in afghanistan two years ago having spent ten months in combat the vehicle on which he was a goner was blown up nine times when i got crushed by p.t.s.d. i mean. i was suicidal you know i mean but i'm married with four kids and i just couldn't find a way to kill myself and some kind of accident that my family wouldn't have to suffer. he was able to step this fellow servicemen were not so fortunate. more american soldiers committed suicide last year than were killed in active service in afghanistan staggering statistics that's almost want to day when they were i think. i can't anymore. because they don't think america is. normal society. officials in washington seem to be trying to present afghanistan as a success story while for those coming home it looks anything but that. they do put lipstick on a pig or cancer to speak very clearly you're in. for the mainstream media in the u.s. with their everything militar
their own selves when you go into combat you know what you kill people and what you spent a year and an environment you are not seeing first team kenny came back severely wounded from a tour in afghanistan two years ago having spent ten months in combat the vehicle on which he was a goner was blown up nine times when i got crushed by p.t.s.d. i mean. i was suicidal you know i mean but i'm married with four kids and i just couldn't find a way to kill myself and some kind of accident that my...
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a very tough operating environment with net interest margin low side and saw the other mortgaged-related issues and regulatory scrutiny that as been promulgated. but with the mn t, particular attention to it. it could be another dollar of earnings potential factored into those shares of the course of 2013. pay particular attention. liz: thank you so much. he lives and breathes the stuff. the closing bell ringing in seven tents. we crossed the flat line. all green on the screen. is this the end of the pc era? to the first time in five years, they sales fell and two names attacking the heat. with stocks after the break. ♪ what are you doing? nothing. are you stling our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close
a very tough operating environment with net interest margin low side and saw the other mortgaged-related issues and regulatory scrutiny that as been promulgated. but with the mn t, particular attention to it. it could be another dollar of earnings potential factored into those shares of the course of 2013. pay particular attention. liz: thank you so much. he lives and breathes the stuff. the closing bell ringing in seven tents. we crossed the flat line. all green on the screen. is this the end...